The stage is dramatically set for a showdown between the Governor, Central Bank of Nigeria, CBN, Mallam Lamido Sanusi and the Presidency over when he will quit the office. Sanusi is insisting he would remain in office till June 2 when his tenure elapses.
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Sanusi’s insistence on staying in office till June 2014 followed the storm provoked by President Goodluck Jonathan reportedly ordering him to resign as reported by a national newspaper yesterday over allegedly leaking a letter Sanusi wrote to him (President) claiming that $49.8bn oil revenue was nowhere to be found.
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Sanusi’s position has received support from lawyers who said that the President lacks the constitutional powers to direct the Governor of the Central Bank to resign from office. Most of the lawyers, who spoke yesterday, maintained that only a two- third majority of the Senate can validly sack the CBN governor from office.
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The senators on their part, however, said that the President was yet to inform the senate of his decision to remove Sanusi as the CBN Governor.
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On their part, Economic operators called on the President to follow due process, in his attempt to remove Sanusi from office. They said while the President has the power to fire Sanusi, he should do so according to the terms and conditions of the office.
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CBN sources confirmed to Vanguard that Sanusi has made up his mind to resist any attempt to force him out of office before June 2 when his tenure expires.
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This position was further confirmed by the CBN’s spokesman, Mr. Ugo Okoroafor. According to him, Mallam Sanusi told members of the management at a meeting on Wednesday that he would be in office till June and did not even indicate that he might proceed on any terminal leave before completing his tenure.
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